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BIRCHGROVE APARTMENTS

FHA Acquisition & Refinance

Endorsed May 17, 2016

FHA #04711206

Deal Details

Location
GRAND RAPIDS, Michigan
Mortgage Amount
$752K
Units
19
Program
Acquisition & Refinance
Lender
PILLAR CAPITAL FINANCE LLC
Fiscal Year
FY2016

Current Loan Status

Active
Outstanding Balance
$549K($752K original)
Interest Rate
4.20%
Maturity
June 2041(15 years remaining)
Original Term
25 years
Holder
Grandbridge Real Estate Capital LLC
Servicer
Grandbridge Real Estate Capital LLC

Source: HUD BF90 Active Insured Mortgages · Data as of February 2026

Data Sources

Endorsement data: HUD FHA Multifamily Firm Commitments and Endorsements Database

Active loan data: HUD BF90 Active Insured Mortgages, as of February 2026

hud.gov multifamily data

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